Hey fam! 🌏🔗 Ready for some trade tea? The OECD's got a hot tip: when it comes to battling unfair trading moves, teamwork across countries is the real MVP.
So, what's multilateral cooperation? Simply put, it's like getting all your friends together so no one plays dirty in the game. Add a rules-based system—think agreed-upon playbook—and you get a fairer match for everyone. No sneaky tariffs or surprise bans!
For South and Southeast Asia, this matters big time. From smartphone exports in Bangalore to textiles in Jakarta and tikka masala spices shipped worldwide, fair rules keep our gig economy humming and small biz dreams alive.
As John Drummond, head of the OECD's Trade Policy Division, told CGTN in an interview: "International cooperation, multilateralism and a rules-based system are the most productive and constructive way to address unfair trading practices." That's your expert seal of approval! 📝
Bottom line: stronger global partnerships and clear trade rules = smoother rides for businesses and consumers alike. Time to team up, stick to the playbook, and level up global trade! 🚀
Reference(s):
OECD: Multilateral cooperation can address unfair trading practices
cgtn.com
